Algeria

The past week has seen a sharp sell-off in the Algerian dinar, which tested DZD64.5/US$ on October 27, compared with levels of just over DZD59.0/US$ in late September. In light of... 2008-10-28

We expect Algeria to take advantage of another year of bumper oil revenues to reduce its external debt pile further. With public external debt now negligible, the overall external... 2008-08-19

Investors seeking exposure to the many compelling growth trends across sub-Saharan Africa (SSA) frequently cite the lack of market depth and liquidity as a key impediment to investment.... 2008-06-05

The dinar has appreciated steadily against the US dollar since mid-2006 due to a combination of upside pressures. Firstly, the greenback has dropped to record lows against almost... 2008-04-18

We see a reversal in the dinar's long-term appreciation against the dollar during 2008, forecasting a move back to DZD66.5/US$ by year-end. Looking further ahead, easing oil prices... 2008-04-14

Agricultural output in Algeria could dip this year due to low rainfall; the effect on GDP growth is likely to be muted but increased food imports could feed into higher inflation.... 2008-02-26

We expect that foreign exchange controls will remain in place for the duration of our forecast period. Despite Algeria's impressive macroeconomic fundamentals, the economy remains... 2008-02-06

We have revised our year-end forecast for the Algerian dinar up to DZD65/US$, in light of recent appreciation which has seen the currency rise 6.7% over the last 6 months, from around... 2007-11-01

BMI View: With the Algerian government using dinar appreciation as an anti-inflationary policy, we expect further short term appreciation for the

Middle Eastern and African sovereigns are still enjoying a strongly supportive external environment, but micro challenges are beginning to build. Fundamental global economic strength... 2007-06-14